Fidelity Asian Values (LON:FAS) Posts Earnings Results

Fidelity Asian Values (LON:FAS - Get Free Report) released its earnings results on Tuesday. The company reported GBX 7.88 ($0.10) earnings per share for the quarter, Digital Look Earnings reports. Fidelity Asian Values had a net margin of 50.86% and a return on equity of 3.04%.

Fidelity Asian Values Trading Down 1.2 %

Shares of LON FAS traded down GBX 6 ($0.08) during mid-day trading on Friday, hitting GBX 502 ($6.50). The company had a trading volume of 40,037 shares, compared to its average volume of 103,394. The firm has a 50-day simple moving average of GBX 495.04 and a two-hundred day simple moving average of GBX 500.48. The company has a market capitalization of £349.49 million, a PE ratio of 30.66 and a beta of 0.56. Fidelity Asian Values has a one year low of GBX 467.25 ($6.05) and a one year high of GBX 549.86 ($7.12).

About Fidelity Asian Values

Fidelity Asian Values PLC provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world's fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price. The Trust favours smaller companies as this gives it the opportunity to find mispriced businesses, the "winners of tomorrow", before they become well known. With more than 18,000 listed companies in Asia - which is more than the rest of the world put together - there is a huge opportunity for a fundamental research driven stock picker who can fully utilise Fidelity's extensive locally based analyst team.